{"id":83111,"date":"2023-08-15T19:44:34","date_gmt":"2023-08-15T16:44:34","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83111"},"modified":"2025-09-12T09:11:47","modified_gmt":"2025-09-12T06:11:47","slug":"stellar-invests-in-moneygram","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/stellar-invests-in-moneygram\/","title":{"rendered":"Stellar Invests in MoneyGram"},"content":{"rendered":"

The non-profit organisation Stellar Development Foundation (SDF) has made strategic investments in MoneyGram, the money-transfer service.<\/p>\n

<\/p>\n

\\\"Stellar-3\\\"
Data: X<\/a>.<\/figcaption><\/figure>\n

That step followed a two-year partnership between the two organisations aimed at implementing crypto payments and launching a cash-for-digital-asset exchange and vice versa.<\/p>\n

According to SDF chief Denelle Dixon, the nonprofit organisation will become a minority investor in MoneyGram. She emphasised that the funds come from Stellar Development Foundation’s own resources, not from the fund to support early-stage projects.<\/p>\n

Dixon added that the SDF will gain a seat on MoneyGram\u2019s board of directors. This will help the digital business of the money-transfer service grow by exploring blockchain technology.<\/p>\n

Earlier in October last year, MoneyGram added<\/a> the option for U.S. users to trade and store Bitcoin, Ethereum and Litecoin in the mobile app.<\/p>\n

Earlier, the Stellar Development Foundation launched a $100 million fund<\/a> intended to incentivise developers to build products and utilities on the smart-contract platform named Soroban.<\/p>\n","protected":false},"excerpt":{"rendered":"

Stellar Development Foundation has made strategic investments in MoneyGram.<\/p>\n","protected":false},"author":1,"featured_media":83112,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1855,243],"class_list":["post-83111","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-moneygram","tag-stellar"],"aioseo_notices":[],"amp_enabled":true,"views":"25","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83111","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83111"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83111\/revisions"}],"predecessor-version":[{"id":83113,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83111\/revisions\/83113"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83112"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83111"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83111"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83111"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}